FCNR RATE | Union Bank of India

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FCNR RATE

Interest Rates FCNR(B)/RFC

UNION BANK OF INDIA

REVISION IN RATES OF INTEREST ON
FCNR (B) AND RFC DEPOSITS

FCNR (B) Deposits:

The details of revised rates of interest on FCNR (B) & RFC term deposits in the permitted currencies w.e.f. 01.07.2021 are given below:

PERIOD	USD< 300,000		USD >= 300,000		GBP		EUR
	Existing	Revised	Existing	Revised	Existing	Revised	Existing	Revised
1YR<2YRS	0.81	0.85	0.81	0.85	0.56	0.60	0.01	0.01
2YRS<3YRS	0.74	0.84	0.84	0.94	0.74	0.79	0.01	0.01
3YRS<4YRS	1.00	1.12	1.10	1.22	0.86	0.93	0.01	0.01
4YRS<5YRS	1.17	1.29	1.27	1.39	1.01	1.04	0.01	0.02
5YRSONLY	1.33	1.40	1.43	1.50	1.10	1.11	0.08	0.08

FCNR (B) Deposits:

PERIOD	JPY		CAD		AUD
	Existing	Revised	Existing	Revised	Existing	Revised
1YR<2YRS	0.01	0.01	0.59	0.58	0.18	0.19
2YRS<3YRS	0.07	0.07	0.75	0.89	0.27	0.35
3YRS<4YRS	0.09	0.10	1.03	1.14	0.48	0.58
4YRS<5YRS	0.10	0.08	1.27	1.36	0.72	0.77
5YRSONLY	0.11	0.09	1.50	1.56	0.94	0.96

RFC Deposits::

PERIOD

USD < 300,000

USD>= 300,000

GBP

EUR

JPY

CAD

AUD

Existing

Revised

Existing

Revised

Existing

Revised

Existing

Revised

Existing

Revised

Existing

Revised

Existing

Revised

TERM DEPOSITS

6 MONTHS to <1 YR

0.81

0.85

0.81

0.85

0.56

0.60

0.01

0.59

0.58

0.18

0.19

1 YR to <2 YRS

0.81

0.85

0.81

0.85

0.56

0.60

0.01

0.59

0.58

0.18

0.19

2 YRS to <3 YRS

0.74

0.84

0.94

0.74

0.79

0.01

0.07

0.75

0.89

0.27

0.35

3 YRS

1.00

1.12

1.10

1.22

0.86

0.93

0.01

0.09

0.10

1.03

1.14

0.48

0.58

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Interest Rates FCNR(B)/RFC

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